Wednesday, February 28, 2018 10:15 PM ET
Insider Selling in Six Flags Entertainment (SIX) Shares Continues
One Six Flags Entertainment insider Lance C Balk, Officer, today, sold 100,000 shares having a market value of approximately $6,566,645, as disclosed in a form 4 document filed with the SEC. There have been 4 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 240,904 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 340,904 shares and have averaged 68,181 shares per transaction over this time period.
Compared to its peers over the last 90 days, insider buy/sell trading at Six Flags Entertainment is higher than the 3-company peer group average. Amusement Parks and Zoos peer group saw 10 buy/sell trades during this period for an average of 3.3 transactions per company. The number of shares per buy/sell trade for Six Flags Entertainment insiders was also higher. Within the peer group there were 0 shares purchased and 248,904 shares sold with company insiders having sold 24,890 shares on average.
In determining significant insider buying and selling, trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data used to create and write this story.
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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